In 1972, “only Nixon could go to China.” In 2025, only Trump could go to Budapest. Fifty-three years ago, the United States was still the leader of the free world — the indispensable nation. Now, American democracy is collapsing. President Donald Trump, the American right and the MAGA movement have put themselves in the orbit of Vladimir Putin’s Russia, Viktor …
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Heavy traders may assume they’ll owe no capital gains tax if their losses and gains even out. But then they stumble across the wash sale rule. At the height of the pandemic born meme stock boom in 2021, the 50-something investor tried his hand as a day-trader, rapidly buying and selling stocks such as AMC Entertainment. In the end, he …
Read More »Stock Markets Beware Summer Scares. What Microsoft Must Learn From Novo’s $75 Billion Crash. Barron’s Novo Nordisk stock crashes after company cuts sales, profit outlook on weight-loss drug competition Yahoo Finance Drugmaker Novo Nordisk slashes Wegovy sales forecasts, blaming compounding NPR Novo Nordisk gets a downgrade from Bank of America as Wegovy growth outlook weakens CNBC Can Novo Nordisk’s New CEO Stop Rivals From …
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A seismic generational shift is underway, and its epicenter is Generation Z. Born from 1997 onward, Gen Z is coming of age in a world where traditional milestones like landing a lifelong job, buying a house in your 20s, or chasing wealth for its own sake have become difficult, or borderline impossible, in the modern economy. Gen Z has responded …
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